This week in global economics, the US dollar finally devalued slightly after rampaging higher in post-election trading as news of reduced unemployment figures and improved economic performance in the US generated renewed confidence in an interest rate hike from the Federal Reserve. Italian voters...
Industry Update: Bird’s Eye View From where I sit in the Royal offices, I can see maps of several key producing countries, labelled with flowery titles: Colombia, País del Café (Country of Coffee), Guatemala, Tierra de Contrastes (Land of Contrasts), El Salvador, Rincon Mágico (Magic Corner). Much...
This week in macroeconomics, US employment numbers disappointed expectations of higher growth for the third consecutive month as non-farm payrolls poster lower increments since July. The stock market ended two weeks of indecisive movement by dropping lower after the jobs report, accompanied by a...
This week in macroeconomics, American households noted an increase in income while US manufacturing surveys reported a decline in output. US stocks and indices traded mixed with conflicting views on a potential interest rate hike expressed by Federal Reserve officials ahead of chair Janet Yellen’s...
This week in global finance, US stocks posted the largest loss since June and all major indices declined to their lowest level in months on news of North Korea’s nuclear weapons test and further commentary from Federal Reserve officials indicating the possibility of a second US interest rate hike....
This week in global finance, US Federal Reserve Chair Janet Yellen indicated a willingness to raise interest rates for the second time since December but also noted a need to see further strengthening in U.S. economic indicators. Despite nearing Federal Reserve targets for employment and...
This week in global finance, U.S. stock markets dropped at the end of a tepid week on expectations of a slow increase to interest rates from the Fed, marking a lull in the S&P 500’s march to record highs this year. Oil posted a steady recovery over the last week, supported by a weak US dollar...
This week in macroeconomics saw a drop in the US dollar index on the basis of poor economic performance in the second quarter, a middling US stock market as tech companies compensating for flops in the oil industry, and the beginning of the Bank of Japan’s purchase of exchange traded funds to...
This week in the global economy, Wall Street takes the spotlight in finance performance with a fourth consecutive week of gains, led by positive reports in corporate earnings. After digesting the news of Brexit, stock markets in the US, Europe and Japan are trading with more stability and the...
This week in global finance, the US stock market posted its third consecutive week of gains as retail growth outdid expectations and the Chinese economy reported unexpected growth this quarter. Despite poor performance from major US banks, equities, indices and commodities all managed to trend...
This week in international economics defined markets with further concern for a global economic slowdown. Opinions can be found on both sides of the fence with some economists seeing a potential recession amidst Brexit turmoil, limited European growth and reduced Asian output, while others claim...
This week in global finance, US markets posted a cautious recovery from the Brexit downturn with equities, indices and commodities showing gains at the end of trading today after news that the Bank of England could cut interest rates. US payroll reports will be issued next week and markets will...
This week’s events in global finance were rendered meaningless by the British referendum to leave the European Union. British voters’ decision to exit the EU sent shock-waves throughout financial markets, causing commodities, indices and stocks to plunge, and striking a blow to the value of the...
The last two weeks in macroeconomics revealed a more vulnerable financial configuration as new hires and home sales in the US dropped, the Federal Reserve stayed its hand from increasing interest rates after publishing a reduced forecast for economic growth and the Dow Jones, Nasdaq and S&P...
C Market: Support the Resistance This week in macroeconomics, the US Labor Department reported the smallest gain in non-farm payrolls, a key indicator of economic well-being. Considering the overall slowdown in the American economy in the first quarter as evidenced by reported downturns in retail...
